Excerpt from A History of the Salt Union: A Record of 25 Years of Disunion and Depreciation
The Salt Union 'was formed in October, 1888, but the coming of the combination was foreshadowed in January of that year by the publication of the following paragraph in Falk's Salt Trade Circular The salt trade is at the most deadly crisis. Implacable competition among a small section of the largest makers has brought prices below all records, salt being freely offered at 50 per cent. Below cost. All the large chemical contracts for 1888 have been taken at ruinous prices. Nor has there been any more extensive demand for the article below cost. The total export shown on annexed list proves a considerable decrease on the average. The principle of association has been violated again, and with more disastrous results than ever yet known. Nothing but a new form of general consolidation can resuscitate the trade.
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Paperback. Condition: New. Print on Demand. This book delves into the fascinating and cautionary tale of the Salt Union, a powerful monopoly formed in late 19th century England that aimed to control the entire salt trade. The author meticulously examines the Union's formation, its aggressive acquisition of salt properties, and its subsequent struggles with competition and internal conflicts. He paints a vivid picture of the Union's reckless optimism, its questionable financial practices, and its attempts to maintain control through legal maneuvering and intimidation. The author provides an in-depth analysis of the Salt Union's downfall, highlighting the greed, mismanagement, and ultimately, the failure of a company that believed its dominance was inevitable. The book explores the themes of corporate ambition, the dangers of monopolies, and the consequences of unchecked power within a capitalist system. The book serves as a compelling study of a pivotal moment in the history of industrial monopolies, offering valuable insights into the complex relationship between corporate power, government regulation, and the impact of such forces on communities and economies. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781330543573_0
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330543573
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330543573
Quantity: 15 available